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Cosco tanker unit launches VLCC pool

The pool consists of 42 vessels with 12.9m dwt in carrying capacity, all owned by the Shanghai and Hong Kong-listed tanker arm

Owners, including Landbridge, Wah Kwong and Navios, have signed letters of intent to join the pool, which has also won the support from Chinese charterers such as Sinochem and Zhenhua Oil

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